With its head office in Limassol, Cyprus, IGM FX is an online financial services provider that provides traders with various competitive trading conditions, such as multiple account types, multiple payment methods, leverage of up to 1:400, floating spreads, and more. They allow traders to buy and sell various trading instruments — forex, cryptocurrencies, indices, commodities, CFDs, and more — using the popular MT4 trading platform. Traders are provided with different educational resources and 24/7 customer support. The minimum deposit required to start trading is $250.
IGM FX Review Introduction
In this IGM FX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including IGM FX.
IGM FX Platforms & Tools
IGM FX allows clients to trade various financial assets using the MetaTrader 4 and its proprietary trading platform. The MT4 is an advanced trading platform that was developed in 2005 by MetaQuotes. It is designed to suit traders of all levels with a user interface that is user-friendly yet packed with versatile functionalities. It features charting tools, market indicators, scripts, expert advisors, advanced risk management tools, real-time market execution, and more. The MT4 trading platform is available as a desktop application for Windows and Mac computers and a mobile app for Android and iOS devices. The web version can also run directly on most modern web browsers, including Chrome, Safari, Firefox, and Edge. The MT4 web version eliminates the need to download or install any additional software.
The broker’s proprietary trading platform is web-based. As a result, it is designed to allow all levels of traders to trade the financial markets with ease. It runs directly on modern web browsers — Chrome, Safari, Firefox, and Edge — without the need to download or install any additional software.
IGM FX Research & Education
To improve clients’ trading skills and knowledge, IGM FX provides them with various educational resources, such as webinars, video courses, learning articles, glossaries, and market news that keeps them aware of the latest events in the financial markets.
IGM FX Trading Accounts
IGM FX offers a choice of four live trading account options, namely: Silver, Gold, Platinum, and VIP Accounts. The minimum deposit required to start trading is $250, and leverage of up to 1:400 is available
IGM FX Account Funding
Traders who are looking to deposit or withdraw funds to and from their accounts can do so using any of the following payment methods: bank wire transfers, credit/debit cards, and some electronic payment processors, such as Neteller and Skrill.
IGM FX Customer Service
IGM FX’s clients can send all their general, technical, and account-related inquiries to a knowledgeable client support team who are available 24/7 and can be contacted through telephone, email, and Live Chat.
IGM FX Regulation
IGM FX is authorised and regulated by the Cyprus Securities and Exchange Commission with CIF license number 309/16.
IGM FX Review Summary
IGM FX is a multi-asset brokerage firm that was launched in 2016 in Cyprus. The broker provides traders with advanced trading platforms to ensure seamless trading of various financial assets. They provide traders with a good selection of learning resources and the services of a competent customer support team. The minimum deposit required to start trading is $250, while leverage of up to 1:400 is available. CySEC regulates the broker.
It is worth mentioning that some of the trading products and services in this IGM FX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the IGM FX broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. As a result, a large percentage of retail investor accounts lose money when trading CFDs with this provider. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.